Providing financing mainly through local financial institutions for onlending to final borrowers whose business activities are certified to be in line with conservation and biodiversity goals or making improvements to be in-line with such goals.
The eco.business Fund was initiated by KfW, Conservation International (CI) and Finance in Motion. Finance in Motion is also responsible for the fund management.
KfW Development Bank is Germany’s leading development bank and an integral part of KfW. It carries out Germany´s Financial Cooperation (FC) with developing countries on behalf of the Federal Government.
With the guiding principle that nature does not need people, but people need nature for food, water, health and livelihoods, CI works with more than 1,000 partners around the world to ensure a healthy, more prosperous planet that supports the well-being of people.
Finance in Motion is an alternative asset manager exclusively focused on development finance and manages investment vehicles to promote sustainable economic, social and environmental development with around EUR 1.9 billion of assets under management.
OeEB, the Development Bank of Austria, invests USD 25 million in eco.business Fund
The investment will support business practices that contribute to biodiversity conservation and the sustainable use of natural resources in Latin America